Yahoo! still has hold on Alibaba
By Chen Limin | China Daily | Updated: 2011-05-13 07:51
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A Yahoo! Inc booth at the 2011 International Consumer Electronics Show in January in Las Vegas. Yahoo owns a 43-percent equity interest in Alibaba Group Holding Ltd. Alibaba failed to buy back stakes owned by Yahoo last year. Justin Sullivan / Getty Images |
BEIJING - Yahoo! Inc still has a considerable say over Alibaba Group Holding Ltd after the Chinese e-commerce giant ceded ownership of its online payment business, said analysts.
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